Raydium（Ray）啟動Meme Coin Coin Launchpad Launchlab，以加強與pump.fun的競爭

Raydium（Ray）是Solana上最大的自動化做市商（AMM）分散交易所（DEX），正在通過啟動LaunchLab來加強與Pump.Fun的競爭

Solana's largest automated market maker (AMM) decentralized exchange (DEX), Raydium (RAY), is launching its own meme coin launchpad, named LaunchLab, aiming to enhance the Solana token ecosystem. The announcement comes amid heightened rivalry with Pump.fun, which is launching its own automated market maker (AMM).

Solana最大的自動化做市商（AMM）分散交易所（DEX）Raydium（Ray）正在推出自己的Meme Coin Coin Launchpad，名為LaunchLab，旨在增強Solana代幣生態系統。這一消息是在與Pump.Fun的競爭中提高的，該公司正在啟動自己的自動做市商（AMM）。

As a result of the development, Raydium’s utility and governance token, RAY, soared nearly 28% on Tuesday, sharply rebounding after an 80% decline since late January.

由於這一發展，Raydium的公用事業和治理令牌Ray在周二飆升了近28％，自1月下旬以來下降了80％後，迅速反彈。

As part of its broader strategy to streamline on-chain token launches and provide a neutral and permissionless infrastructure, LaunchLab will accept multiple quote tokens, including jitoSOL and stablecoins, offering greater flexibility compared to Pump.fun, which focuses primarily on SOL.

作為其簡化鍊鍊令牌發射並提供中性且無許可的基礎設施的更廣泛戰略的一部分，LaunchLab將接受多個報價令牌，包括Jitosol和Stablecoins，與Pump.Fun相比提供了更大的靈活性。

The platform will also introduce a variety of bonding curves—linear, exponential, and logarithmic—giving projects more options in their tokenomics. Additionally, LaunchLab integrates with Raydium’s LP lockers, aiming to permanently secure swap fees through Fee Key NFTs.

該平台還將引入各種粘結曲線（線性，指數和對數），以便在其代幣學中為項目提供更多選擇。此外，LaunchLab與Raydium的LP儲物櫃集成在一起，旨在通過費用密鑰NFT永久獲得交換費。

According to Infra, an anonymous core contributor at Raydium, the platform’s goal is to empower Solana’s ecosystem.

根據Raydium的匿名核心貢獻者，該平台的目標是增強Solana的生態系統。

“We’re not here to compete with launchpads currently using Raydium — LaunchLab makes on-chain token launches easier for teams, offering a neutral, permissionless infra. Our goal: empower Solana’s ecosystem, not gatekeep it.”

“我們不是在這裡與當前使用Raydium的Launchpad競爭 - LaunchLab使團隊的鍊鍊令牌發射更容易，提供中性，無許可的Infra。我們的目標：Emppower Solana的生態系統，而不是Gateweake。”

This development comes amid concerns over Pump.fun draining liquidity from Raydium.

這一發展是由於對泵的擔憂。

While Pump.fun positions itself as a launchpad, its model has raised concerns among industry experts.

儘管Pump.Fun將自己定位為發射台，但其模型引起了行業專家的關注。

Despite the stellar performance of Pump.fun in 2024, where it quickly rose to become a dominant player in Solana’s ecosystem by allowing users to create and launch meme coins, many tokens later migrated to Raydium for liquidity.

儘管泵的表現出色。FUN在2024年，它很快就通過允許用戶創建和推出模因硬幣來成為Solana生態系統中的主要參與者，但許多代幣後來遷移到Raydium以進行流動性。

This liquidity flow, however, could be interrupted as Pump.fun prepares to shift liquidity to its own automated market maker (AMM) in the next stage of its operations.

然而，隨著泵的速度，這種流動性流可以被中斷。FUN準備在其下一階段的運營階段將流動性轉移到其自動化的做市商（AMM）上。

According to Blockworks Research, Pump.fun-generated tokens made up 41% of Raydium’s swap fee revenue last month alone. However, with Pump.fun’s AMM, this revenue stream could be diminished.

根據Blockworks Research，泵產生的代幣僅在上個月占Raydium交換費收入的41％。但是，使用pump.fun的AMM，這種收入流可以減少。

Raydium currently handles over 10% of global DEX trading volume, making it the third-largest DEX by volume, behind PancakeSwap and Uniswap.

Raydium目前處理全球DEX交易量的10％以上，使其成為僅次於Pancakeswap和Uniswap的第三大磁盤。

However, industry experts suggest Raydium’s counterstrategy could redefine competition in the crypto space.

但是，行業專家認為，Raydium的反理可以重新定義加密貨幣領域的競爭。

Richard Galvin, Co-Founder and CEO of a digital asset fund and a former banker, stressed the importance of sustainable business models in crypto.

數字資產基金的聯合創始人兼首席執行官兼前銀行家Richard Galvin強調了Crypto中可持續商業模式的重要性。

“If Raydium succeeds, it’s clearly great for RAY but also good for crypto. Crypto needs less extractive models. E.g. majority of RAY success feeds directly back into the crypto ecosystem via LP fees and RAY buybacks. Meanwhile, Pump.fun ‘success’ gets sent to Kraken and dumped on the market for cash.”

“如果Raydium成功，這顯然對Ray來說很棒，但對加密貨幣也很有益。加密貨幣需要較少的提取模型。